2002-05-03 Senate Journal

2002-05-03 Senate Journal Page 3151SB 181
CS FOR SENATE BILL NO. 181(FIN) am "An Act relating to and
increasing the interest rate on that portion of a loan for a single-family
house or owner-occupied duplex that exceeds $200,000 where the loan
is for a house or duplex in a small community with a population of
6,500 or less that is not connected by road or rail to Anchorage or
Fairbanks, or with a population of 1,600 or less that is connected by
2002-05-03 Senate Journal Page 3152
road or rail to Anchorage or Fairbanks for purposes of the small
community housing program of the Alaska Housing Finance
Corporation; relating to loans for teacher housing in which each unit
that is not vacant is occupied by at least one individual who is
employed as a certificated teacher in a public elementary or secondary
school in a small community with a population of 6,500 or less that is
not connected by road or rail to Anchorage or Fairbanks, or with a
population of 1,600 or less that is connected by road or rail to
Anchorage or Fairbanks, and increasing the interest rate on the loans if
this occupancy requirement is not complied with; and providing for an
effective date" was engrossed, signed by the President and Secretary
and transmitted to the House for consideration.